Wednesday, 7 September 2022

Crude Oil Prices May Fall as EIA Report Nears Amid China Lockdown Woes

Crude oil prices are staging a recovery in Asia-Pacific trading after a sharp drop on Wednesday amid broadening Chinese Covid lockdowns. US inventory data from the EIA is in focus.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...